3.0.0 320 2022-02-03T06:07:48Z 2022-02-03T06:07:48Z Senate S S 2009-01-26 111 ssfi00 Finance Committee Senate Standing Referred to 2009-01-26T21:42:58Z Fuel Reduction using Electrons to End Dependence on the Mid-East (FREEDOM) Act of 2009 111 271 S 2009-01-15 Read twice and referred to the Committee on Finance. Related bill CRS 2009-01-26 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2009-01-26 Introduced in Senate IntroReferral 10000 9 Library of Congress C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA N Taxation Air quality Alternative and renewable resources Appropriations Business investment and capital Climate change and greenhouse gases Electric power generation and transmission Energy efficiency and conservation Energy research Energy storage, supplies, demand Hybrid, electric, and advanced technology vehicles Income tax credits Income tax deductions Manufacturing Motor fuels Public contracts and procurement Public utilities and utility rates Research and development Securities Transportation programs funding Taxation 00 2009-01-26 Introduced in Senate 2009-03-18T20:34:41Z Clean Energy Stimulus and Investment Assurance Act of 2009 - Amends the Internal Revenue Code to: (1) allow a new tax credit for investment in projects for manufacturing alternative energy equipment; (2) allow accelerated depreciation for smart meters and smart grid systems; (3) expand carrybacks and carryforwards of unused business tax credits; (4) extend the tax credit for producing electricity from renewable resources and expand such credit to include the production of thermal energy and zero carbon emissions resource facilities; (5) increase the national limitation for issuance of new clean renewable energy bonds; (6) allow expensing of manufacturing facilities for producing plug-in electric drive motor vehicles; (7) allow a tax credit for the cost of converting motor vehicles into plug-in electric drive motor vehicles; (8) extend through 2010 the tax credit for biodiesel and renewable diesel; (9) extend through 2014 the tax credit for alternative fuel vehicle refueling property expenditures; (10) increase the tax credit for residential energy efficient property expenditures; (11) allow an energy tax credit through 2016 for qualified energy storage air conditioner property; (12) extend through 2012 the tax credit for new energy efficient homes; (13) increase the tax deduction for energy efficient commercial buildings; (14) increase and extend the tax credit for nonbusiness energy property; (15) allow an energy tax credit for investment in green roofs; and (16) repeal limitations on the energy tax credit for property financed by subsidized energy financing.

Authorizes appropriations for: (1) smart grid research and development; (2) the Bonneville Power Administration; (3) the plug-in electric drive motor vehicle program; (4) the energy storage competitiveness program; (5) advanced battery manufacturing; and (6) the energy efficient appliance rebate program and the Energy Star program.

Amends the Energy Policy Act of 2005 to allow the federal government to enter into 30-year contracts for the purchase of electricity generated by renewable energy.

]]> Clean Energy Stimulus and Investment Assurance Act of 2009 Short Titles as Introduced Clean Energy Stimulus and Investment Assurance Act of 2009 Display Title Clean Energy Stimulus and Investment Assurance Act of 2009 Official Title as Introduced A bill to ensure that short- and long-term investment decisions critical to economic stimulus and job creation in clean energy are supported by Federal programs and reliable tax incentives. Introduced in Senate 2009-01-26T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s320is/xml/BILLS-111s320is.xml 2009-01-26 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.